[144] Elastic N.V. SEC Filing

Rhea-AI Filing Summary

Elastic N.V. Form 144 notice reports a proposed sale under Rule 144 of Ordinary Shares by a person associated with the company. The notice identifies 19,622 shares to be sold through E*Trade with an aggregate market value of $1,768,360.93, and lists the issuer's outstanding shares as 106,270,940. The filing shows the shares were acquired on 09/09/2025 through the vesting of equity awards from Elastic N.V., with an acquisition quantity of 40,153 shares. The filing also discloses a prior sale by Ashutosh Kulkarni of 5,000 shares on 06/16/2025 for $400,059. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Routine insider sale notice disclosing a small planned disposition of vested shares.

The Form 144 documents a proposed sale of 19,622 Ordinary Shares via E*Trade, acquired through equity award vesting on the stated acquisition date. The disclosed aggregate value of $1.77 million is explicit but represents a very small fraction of the issuer's 106.27 million shares outstanding. A prior small sale of 5,000 shares for $400,059 by Ashutosh Kulkarni in June is also reported. This filing reads as a compliance disclosure for resale of vested compensation rather than an operational or financial development for Elastic N.V.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; no new governance concerns evident from this filing alone.

The notice provides standard broker, acquisition and sale details, and includes the seller's certification about material nonpublic information. Acquisition via vesting and the specified broker are clearly stated. There are no indicia in the document of unexpected insider departures, unusual payment arrangements, or aggregated large disposals that would raise immediate governance flags.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary Shares	E*Trade Financial Corporation 3 Edison Drive Alpharetta GA 30005	19622	1768360.93	106270940	09/09/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary Shares	09/09/2025	Vesting of equity awards	Elastic N.V.			40153	09/09/2025	Vesting of equity award

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Ashutosh Kulkarni 88 Kearny Street, Floor 19 San Francisco CA 94108	Ordinary Shares	06/16/2025	5000	400059

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Elastic N.V. (ESTC) Form 144 disclose?

The filing discloses a proposed sale of 19,622 Ordinary Shares via E*Trade with an aggregate market value of $1,768,360.93 and notes prior sale of 5,000 shares on 06/16/2025 for $400,059.

When were the shares being sold acquired according to the filing?

The shares to be sold were acquired on 09/09/2025 through the vesting of equity awards from Elastic N.V., with an acquisition amount listed as 40,153 shares.

Through which broker will the proposed sale be executed?

The filing lists E*Trade Financial Corporation at Alpharetta, GA as the broker for the proposed sale.

How large is the proposed sale relative to outstanding shares?

The proposed 19,622 shares are shown against 106,270,940 shares outstanding in the filing, indicating a small percentage of the total outstanding shares.

Did the filer certify there is no undisclosed material information?

Yes, the filer signed the notice representing they do not know of any material adverse information about the issuer that has not been publicly disclosed.